Gianni Infantino: FIFA boss lands 33% pay rise after telling women they must ‘force change’ in fight for equal pay | World News

World

FIFA President Gianni Infantino has secured a 33% pay rise to run world football which meant his salary exceeded £3.6m last year, Sky News has found.

The increase during the Women’s World Cup year featured deep in financial documents approved by the FIFA Council yesterday and sent to global football officials.

Mr Infantino’s base salary was 1.95m Swiss francs (£1.7m) in 2022.

Soccer Football - FIFA Women's World Cup Australia and New Zealand 2023 - Final - Spain v England - Stadium Australia, Sydney, Australia - August 20, 2023 Spain players celebrate with the trophy after winning the World Cup REUTERS/Carl Recine
Image:
Spain won the Women’s World Cup in 2023. Pic: Reuters

In a previously-undisclosed decision by the FIFA compensation subcommittee, Mr Infantino’s base pay was raised to 2.6m Swiss francs (£2.3m) following his re-election for a third term as president last year.

The rise was applied during last year meaning he earned 2,463,710 Swiss francs (£2.2m) along with a bonus of 1,650,000 Swiss francs (£1.5m) – the same as the previous year.

That means he earned 4.1m Swiss francs (£3.6m) in total during the Women’s World Cup year of 2023.

Before the final in Sydney, he told women to “pick the right battles” in their fight for equal pay, placing the emphasis on them to “force the change”.

He will earn the full 2.6m Swiss francs annually – plus any annual bonus – for the rest of his term until 2027.

After being elected FIFA president in 2016, Mr Infantino agreed an annual base salary of 1.5 million Swiss francs (£1.3m).

Former FIFA President Sepp Blatter arrives at the Swiss Federal Criminal Court in Bellinzona, Switzerland July 8, 2022. REUTERS/Arnd Wiegmann
Image:
Former FIFA President Sepp Blatter in 2022. Pic: Reuters

He can now remain in power until 2031 after changes to the statutes which allow him to seek a fourth term, having started by completing the three years of banned predecessor Sepp Blatter’s mandate.

Read more:
FIFA awarding World Cups ‘without transparency’
FIFA has ‘not changed its decision-making’

Mr Infantino is not earning pay from FIFA on the levels of Mr Blatter who earned a bonus alone of $12m (£9.4m) for the 2014 World Cup but only later disclosed by investigators amid less transparency during that era at the governing body.

Last year produced record revenue from the Women’s World Cup with FIFA’s overall annual earnings of $1.17bn (£0.9m) representing a 53% rise from the 2019 Women’s World Cup year.

FIFA is projecting revenue to soar to $11bn (£8.6bn) in the 2023-26 cycle ending with the expanded 48-team men’s World Cup in the United States, Mexico and Canada – up from $7.6bn (£6bn) 2019-2022 covering the Qatar World Cup which featured 32 countries.

Read original article here.

Products You May Like

Articles You May Like

15 Best Water Shoes For Men: Take These Everywhere in 2024
Parents of boy whose heart stopped for 19 hours were stunned when it started beating again
5 Best Oil-Based Colognes for Men to Smell Great in 2024
Go-To Summer Smart Casual Outfit Combinations For Men
Megan Thee Stallion Unveils NSFW Video for “Boa”